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Article: Monarch Dental Announces Receipt of Nasdaq Delisting Notice and Intent to Appeal Delisting.

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PR Newswire
Article date:
April 18, 2001
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DALLAS, April 18 /PRNewswire/ --

Monarch Dental Corporation (Nasdaq: MDDS) today announced that The Nasdaq Stock Market, Inc. ("Nasdaq") has advised it that it has failed to remain eligible for continued listing on The Nasdaq SmallCap Market ("SmallCap Market") because its common stock has not maintained a $1.00 minimum bid price. Monarch Dental also announced that it has requested a hearing to contest delisting as permitted by applicable Nasdaq procedures. Monarch Dental expects that the delisting will be postponed until the hearing, which it expects will be scheduled during May 2001. In the event that Monarch Dental's common stock ceases to be listed either ...

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